Step 1 - Approve the name
Name reservation if fairly quick process. Approval is given within the day.
Restrictions:
A Belize IBC may not be registered under a name that is identical to the name of an existing Belize company. The registration of a new IBC in Belize may also be refused if its name so nearly resembles the name of another company as to be calculated to deceive, except where the other company gives its express consent.
The name of a Belize IBC may not contain the words "Building Society", "Chamber of Commerce", "Chartered", "Cooperative", "Imperial", "Municipal", "Royal", or any word conveying a similar meaning, or any other word that, in the opinion of the Registrar, suggests or is calculated to suggest the patronage of Her Majesty Queen of England or that of a member of the British Royal Family. Similarly, the name of a Belize IBC must not suggest any connection with the Government of Belize or any of its departments.
A Belize IBC may not register the name containing the words "Assurance", "Bank", "Insurance" or "Trust", or any or their derivatives or cognate expressions, unless it is specifically licensed in Belize to carry on the respective business or activities, as designated by such word.
Generally, the Registrar of Companies may refuse the registration of any particular name of a Belize IBC if, in the opinion of the Registrar, such name is indecent, offensive or, in the opinion of the Registrar is otherwise objectionable. There is a general provision in the Belize IBC Act allowing the Registrar to deny registration of any such "undesirable" name at the Registars` discretion.
Mandatory words: The name-endings denoting the type of company. The name of the Belize IBC must contain any of the words "Limited", "Corporation", "Incorporated", "Society Anonyme" or "Sociedad Anonima" or "Aktiengesellschaft" or the abbreviations "Ltd.", "Corp.", "Inc." or "S.A." or "A.S." or "A.G." A company may use and may be legally designated by either the full or the abbreviated form of these limited liability designations.
Language of the name: The name of a Belize IBC must be registered in Roman script, but an alternative name in any other script may be registered, if it represents an accurate translation of the name registered in Roman script.
Step 2 – State corporate features of your future company
You can either fill in the Instruction form or simply send us the details:
The Authorised Capital
There is no minimum paid up capital requirement, and capital may be expressed in foreign currency; An IBC may issue bearer shares and shares of no par value; but bearer shares must be held in the custody of a local registered agent;
Our standard Memorandum of Association provides that the authorised capital will consist of US$ 50,000 divided into 50,000 shares with a par value of US$ 1.00 each or no par value. The actual amount of the Government fee depends on the amount and type of the authorised capital of the IBC, an IBC whose authorised capital does not exceed $50,000 with all shares having a par value pays the standard fees, an IBC whose authorised capital exceeds $50,000 with all shares having a par value, the fee is greatly increased, an IBC where some or all of its shares have no par value, the annual Government fee is slightly higher then the standard.
Directors – Provide us with Directors details. The minimum number of directors is one, who may be a natural person or a body corporate. The directors’ names will never appear on any public document. This information will remain confidential. In order to increase the confidentiality you may opt for Apollo nominee director’s services.
Shareholders – Provide us with Shareholders details. The minimum number of shareholders is one, who may be a natural person or a corporate body. The shareholders’ names will never appear on any public document. This information will remain confidential. In order to increase the confidentiality you may opt for Apollo nominee shareholder’s services
Step 3 – We register your company with the features of your choice
The documents of incorporation are the Memorandum of Association and the Articles of Association which are submitted for registration to the Registrar. The documents of incorporation are checked by the Registrar then and, upon approval, a Certificate of Incorporation is issued.
The standard documents which will be included in corporate set are:
- Certificate of Incorporation
- Memorandum of Association
- Articles of Association
- Resolution of Subscribers appointing first director
- Share certificates
- Draft of first Resolution of Directors
Please note that further documents will be issued should you require additional services. Once the documents are ready the order is dispatched to you immediately by any courier service.